President Biden is on the clock, needing to decide by Tuesday whether or not to stop Nippon Steel from buying U.S. Steel. Why ...

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.

Shares of U.S. Steel, which had been down lately, rose 10% to $33.99 in the final hours of trading Tuesday as the reports ...

By bno - Taipei Office Japan’s leading steel producer, Nippon Steel Corp., has pledged not to reduce output capacity at ...

Japan's Nippon Steel has proposed giving the U.S. government veto power over any potential cuts to U.S. Steel's production ...

As reported by The New York Times, a few weeks ago in a final White House review, the Committee on Foreign Investment in the United States [CFIUS]—composed of several top Biden administration ...

Nippon Steel Corp offered to give the US government a veto over any reduction in US Steel Corp’s production capacity in a ...

Nippon Steel Corp has promised it will not cut output capacity at United States Steel Corp's mills for 10 years, in its ...

Nippon Steel has sent the White House a new proposal on US Steel, attempting to get the green light from President Joe Biden ...

Nippon Steel Corporation has said its proposed acquisition of US steel is awaiting President Joe Biden’s approval.

Nippon Steel proposes U.S. veto power over cuts to U.S. Steel’s capacity to gain Biden's approval for acquisition. CFIUS ...